| Mobile Web

Search results for Angela Alsobrooks

Crypto

U.S. CLARITY bill keeps clashing over crypto ethics, momentum cools rapidly

The U.S. Senate’s CLARITY crypto market structure bill is losing momentum amid a partisan fight over how to enforce ethics provisions. A key dispute is whether state attorneys general should be able to sue the Justice Department if the federal government fails to enforce crypto ethics rules. Some Republicans and the White House have stepped back from earlier enforcement proposals, while Democratic senators who backed the bill in committee are not promising support on the Senate floor.

Crypto

One in 4 U.S. adults hold crypto as Clarity Act floor vote nears

About 67 million people in the United States hold cryptocurrencies, or about 1 in 4 adults, as ownership spreads rapidly, the National Cryptocurrency Association said, citing a survey of 10,000 adults conducted with Harris Poll. New holders rose by 12 million, it said. The figures come as Congress considers the 2025 Digital Asset Market Clarity Act, which would split oversight between the CFTC and the SEC and has moved out of the Senate Banking Committee.

Crypto

U.S. Senate passes crypto market structure bill but long road to enactment

The U.S. Senate Banking Committee has approved the crypto market structure bill known as the Clarity Act, drawing a positive response from the digital asset industry, though analysts say final enactment remains uncertain. TD Cowen raised its estimated odds of passage to 40 percent, citing signs of Democratic backing. The bill passed 15-9 with two Democrats in support. Analysts say it must be merged with a parallel package and clear a 60-vote threshold.